The Good Eats Company manufactures a healthy protein bar. The food item is sold for $1.50 per 35 gram bar. Management estimates the following revenues and costs at 100% of capacity.

Net sales	3,000,000	Selling expensesvariable	$35,000
Direct materials	700,000	Selling expensesfixed	14,000
Direct labour	1,000,000	Administrative expensesvariable	15,000
Manufacturing overheadvariable	400,000	Administrative expenses fixed	30,000
Manufacturing overheadfixed	170,000

Instructions

a. How much is net income for the year using the Cost Volume Profit (CVP) format.

b. Calculate the break-even point units and dollars.

c. How much is the contribution margin ratio?

THIS IS THE COMPLETE QUESTION